In this article, we delve into a comprehensive analysis of Jyoti CNC Automation Ltd share price targets for the years 2024, 2025, 2026, 2027, 2030, 2040, and 2050. Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more.
Table of Contents
About
On January 16, 2024, Jyoti CNC Automation was listed on NSE and BSE with a listing price of ₹373, marking a gain of 12.4% from the offer price of ₹315. As of January 20, 2024, the last traded price stood at ₹431.25.
Specializing in the manufacturing of CNC machines in India, Jyoti CNC was founded in January 1991. The company offers a diverse range, including CNC turning centers, milling machines, and more. Notable clients such as ISRO, Brahmos Aerospace, Tata Group, and others have benefitted from their products.
| Founded | January 199 |
| NSE symbol | JYOTICNC |
| Listing Date | 16 January 2024 |
| Chairman & MD | Parakram Jadeja |
| Sector | Engineering (manufacturing CNC machines) |
| Headquarters | Rajkot, Gujarat |
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Financial Details
Jyoti CNC Automation exhibits a Market Cap of ₹9,808 Crores. The stock’s Price to Earnings ratio is 324.5.
Return on Capital Employed (ROCE) is reported at 9.94%, indicating the company’s efficiency in utilizing capital for generating profits. Below our benchmark of 15% is negative sign.
Return on Equity (ROE) stands at -3.17%, suggesting a negative return on shareholders’ equity. It might be good to stay cautious before investing and do proper research and analysis.
The debt-to-equity ratio is 3.25, reflecting the company’s leverage with ₹821 Crores in debt. It might raise concerns for investors.
Foreign Institutional Investors (FIIs) hold 4.94% of the company’s shares, while Domestic Institutional Investors (DIIs) hold 4.28%.
The Earnings Per Share (EPS) is ₹4.57. Notably, Jyoti CNC Automation has experienced significant sales growth, with a growth rate of 24.5% in 2023.
| Market Cap | ₹ 9,808 Cr | Stock P/E | 324.5 |
| ROCE | 9.94 % | ROE | -3.17% |
| Debt to equity | 3.25 | Debt | ₹ 821 Cr. |
| FII Holding | 4.94 % | DII Holding | 4.28 % |
| EPS | ₹ 4.57 | Sales growth | 24.5 % |
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Financial Statement
As of January 22, 2024, Jyoti CNC Automation’s financial performance over the last three years demonstrates noteworthy trends, each accompanied by year-on-year (YoY) percentage changes:
2023:
- Net Sales witnessed a substantial increase, reaching ₹929 crores, reflecting a YoY growth of approximately 24.2% compared to ₹746 crores in 2022.
- Expenses rose to ₹832 crores in 2023, marking a YoY increase of approximately 23.4% from ₹674 crores in 2022.
- Profit After Tax showed a remarkable improvement, reaching ₹15 crores in 2023, compared to the negative figure of -₹48 crores in 2022.
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2022:
- Net Sales amounted to ₹746 crores in 2022, representing a YoY growth of approximately 28.9% from ₹580 crores in 2021.
- Expenses increased to ₹674 crores in 2022, marking a YoY rise of approximately 23.2% from ₹548 crores in 2021.
- Despite increased Expenses, there was a significant improvement in Profit After Tax, moving from -₹70 crores in 2021 to -₹48 crores in 2022.
2021:
- Net Sales in 2021 amounted to ₹580 crores
- Expenses increased to ₹548 crores in 2021
- Profit After Tax showed a negative figure of -₹70 crores in 2021
| Particulars | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Sales | 929 | 746 | 580 |
| Expenses | 832 | 674 | 548 |
| Profit After Tax | 15 | -48 | -70 |
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Table of Jyoti CNC Automation Ltd Share Price Target
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹ 480 | ₹ 502 |
| 2025 | ₹ 520 | ₹ 580 |
| 2026 | ₹ 601 | ₹ 640 |
| 2027 | ₹ 680 | ₹ 720 |
| 2030 | ₹ 960 | ₹ 1008 |
| 2040 | ₹ 2780 | ₹ 3124 |
| 2050 | ₹ 8148 | ₹ 9230 |
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Jyoti CNC Automation Ltd Share Price Target for 2024:
- Minimum Target: ₹ 480
- Maximum Target: ₹ 502
In the upcoming year, the company is anticipated to maintain a price range between ₹ 480 and ₹ 502
Jyoti CNC Automation Ltd Share Price Target 2025:
- Minimum Target: ₹ 520
- Maximum Target: ₹ 580
Moving into 2025, the projected price range widens, reaching between ₹520 and ₹580.
Jyoti CNC Automation Ltd Share Price Target 2026:
- Minimum Target: ₹ 601
- Maximum Target: ₹ 640
Further into the future, specifically in 2026, the anticipated price range expands to ₹ 601 to ₹640.
Jyoti CNC Automation Ltd Share Price Target 2027:
- Minimum Target: ₹ 680
- Maximum Target: ₹ 720
By 2027, the company’s share price is expected to aim for a range of ₹ 680 to ₹ 720.
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Jyoti CNC Automation Ltd Share Price Target 2030:
- Minimum Target: ₹ 960
- Maximum Target: ₹ 1008
Looking ahead to 2030, the minimum and maximum targets extend to ₹ 960 and ₹ 1008, respectively.
Jyoti CNC Automation Ltd Share Price Target 2040:
- Minimum Target: ₹ 2780
- Maximum Target: ₹ 3124
In the long term, by 2040, the company is anticipated to potentially reach a price range between ₹ 2780 and ₹ 3124.
Jyoti CNC Automation Ltd Share Price Target 2050:
- Minimum Target: ₹ 8148
- Maximum Target: ₹ 9230
Projected into 2050, the minimum and maximum targets suggest a potential price range of ₹8148 to ₹ 9230
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Positive and Negative Points of Jyoti CNC Automation Ltd
Positive
- Company narrowed its losses and turned profitable in Mar 2023.
- As of June 2023 the company has an order book of total amount is ₹3,143 crores, including a ₹260.25 crores order from an EMS company.
Negative
- Company has a low return on equity of -41.7% over last 3 years.
- Company ROCE is below than the our benchmark
- Company ROE is negative which raise concerns for investors
Disclaimer
Investing in stock market is risky and subject to the market condition. This article provides an examination of the company for educational purposes only. We are not SEBI( Stock exchange board of India) registered advisors, and this is not an investment advice. We do not provide tips or calls. Before making any investment decisions, please conduct your own research or consult a qualified financial advisor.
FAQs
Q1. What are the share price targets for Jyoti CNC Automation Ltd in 2024?
The anticipated price range for 2024 is between ₹480 and ₹502.
Q2. What is the projected share price target for Jyoti CNC Automation Ltd in 2025?
In 2025, the projected price range widens to between ₹520 and ₹580.
Q3. What are the expected share price targets for Jyoti CNC Automation Ltd in 2026?
In 2026, the anticipated price range expands to ₹601 to ₹640.
Q4. What are the forecasted share price targets for Jyoti CNC Automation Ltd in 2027?
By 2027, the company’s share price is expected to aim for a range of ₹680 to ₹720.
Q5. What are the share price targets for Jyoti CNC Automation Ltd in 2030?
Looking ahead to 2030, the minimum and maximum targets extend to ₹960 and ₹1008, respectively.
